# PPP loan: GREGORY ELECTRIC INC.
> **$1.15M** approved 04/06/2020 · Paid in Full · Loan `6200857004`
## Borrower
- **Name:** GREGORY ELECTRIC INC.
- **Address:** 3317 N LINCOLN AVE, LOVELAND, CO, 80538-2703
- **NAICS:** 238210
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.15M
- **Initial approval:** $1.15M
- **Forgiven:** $1.16M (101%)
- **Forgiveness date:** 11/05/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.15M
- **Jobs reported:** 93
## Lender
- **Originating:** Bank of Colorado
- **Servicing:** Bank of Colorado (CO)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*